Rethink Internet of Things

Published 11th May 2018

Rash of IoT acquisitions highlights low-risk augmenting trend

The past week saw 8 acquisitions in the IoT area, something of a record. This got us asking if this was indicative of anything, or mere coincidence, and a few trends can be seen through these deals. It seems the era of IoT hype is over. The pot has been taken off the boil and is now simmering away, with the largest enterprises looking at ways to improve their existing portfolios via partnership and acquisitions, rather than looking to launch into new areas. To this end, much of the industry has been lied to. The Internet of Things was never a thing – it is an evolutionary trend, not a revolutionary reinvention of the wheel that would irrevocably transform a…